Jim Rogers Not Buying Chinese Stocks, Buying During Collapse (Video)

This is a 2 weeks old. Jim Rogers on Bloomberg talking about Chinese equities and commodities. He's staying away from buying Chinese equities at these levels. Yeah, $FXI has doubled over the past 9 months ($20 to $40), I see some hedging going on but someone might be buying a 50% retracement spike. Check next post.

• Not buying any stocks in China, bought last shares in October and November of 2008
• The market has more than doubled over the last 9 months
• Much rather buy when things collapse, got another 10, 15, 20, 30 Years
• Real estate has boomed in last 2-3 months, back around 2004 bubble levels
• Certainly not selling but market has doubled in 9 months, usually a worrisome sign (buying puts Jim?)
  
• Down 70-80% a year before that
  
• To play China buy commodities, China has to buy commodities
• We are "told" that the Chinese are spending Dollars on real things
• Water treatment, infrastructure, agriculture booming in China no matter what happens

More Jim Rogers interview videos:
Old School 1990 FNN Videos, Featuring Jim Rogers
Jim Rogers Interview On Banks, Currencies and Commodities (Bloomberg)
Great Jim Rogers Interview via CNN's Talk Asia
Jim Rogers On Charlie Rose, Bill Gross is Wrong, Blames Geithner! (Videos)